Air Cargo

Coverage of air cargo related news including freight forwarders, airlines, airports and more

SpiceJet furloughs 150 crew amid financial woes, lean season

Bloomberg | August 30, 2024 | Air Cargo | Airlines

Cathay agrees to buy back warrants from the Hong Kong SAR Government

AJOT | August 30, 2024 | Air Cargo | Airlines

Completion of the buyback is expected to take place on the tenth business day after the date of the agreement, after which the warrants will be cancelled. The buyback will eliminate the possibility of dilution of Cathay shares for our shareholders.

Air Travel Consumer Report: June 2024

AJOT | August 30, 2024 | Air Cargo | Airlines

The U.S. Department of Transportation (DOT) today released its Air Travel Consumer Report (ATCR) on airline operational data compiled for the month of June 2024 and the first six months of 2024 for on-time performance, mishandled baggage, mishandled wheelchairs and scooters, and second quarter oversales. The ATCR is designed to assist consumers with information on the quality of services provided by airlines.

Ethiopian Airlines bridges continents with new Dhaka route

AJOT | August 30, 2024 | Air Cargo | General

Ethiopian Airlines, Africa's leading carrier, is pleased to announce the commencement of its new six weekly flights to Dhaka, Bangladesh, starting November 1, 2024. The new service will be operated with the state-of-the-art Boeing B787 Dreamliner, offering passengers a comfortable and seamless travel experience.

China’s top airlines post losses, hit by slow international travel and domestic oversupply

Reuters | August 30, 2024 | Air Cargo | Airlines

Air Cargo

AJOT | Top Story | August 30, 2024

United Airlines teamsters demand industry leading contract during nationwaide day of action

United Airlines Teamsters will rally, leaflet, and kick off informational picket at airports nationwide. The aviation technicians demand an industry-leading contract after negotiations with United Airlines stalled during the most recent round of contract negotiations in Denver.

Vistara brand to cease in November as airline merger proceeds

Bloomberg | August 30, 2024 | Air Cargo | Airlines

Amsterdam Airport owner will Iinvest €6 billion in upgrades

Bloomberg | August 30, 2024 | Air Cargo

Norse Atlantic pares back winter schedule as cash runs low

Bloomberg | August 30, 2024 | Air Cargo

Brazil’s Azul says it prioritizes commercial solutions after report over debt options

Reuters | August 29, 2024 | Air Cargo | Airlines

Embraer’s aircraft delivery delay seen 1 to 2 months, shorter than peers’ times, CFO says

Reuters | August 29, 2024 | Air Cargo | Airlines

WorldACD Air Cargo Trends: July 2024

AJOT | August 29, 2024 | Air Cargo | Freighters

Growth continues from the main global origin regions

Air NZ chief says engine dramas to hamper flights for years

Bloomberg | August 29, 2024 | Air Cargo | Airlines

Factbox: Airlines suspend flights as Middle East tensions rise

Reuters | August 29, 2024 | Air Cargo | Airlines

United Air raises Alaska-Hawaiian merger concerns with DOT

Bloomberg | August 29, 2024 | Air Cargo | Airlines

Lula’s airline rescue plan wins approval in Brazil’s lower house

Bloomberg | August 29, 2024 | Air Cargo | Airlines

Airline owner Abra nears $1.3 billion loan deal with Castlelake

Bloomberg | August 29, 2024 | Air Cargo | Airlines

Air Charter Service’s Swiss office performing well under new management

Earlier this year, Air Charter Service appointed a new CEO for the company’s Swiss office, and the resultant upswing in charter numbers has been impressive.